TodayEco.com

30 Aug '16, 9am

Chinese module suppliers increase share in Indian market to 75%

Eight of the top 10 module suppliers in India now come from China. Credit: JA Solar Despite most international and domestic module suppliers increasing their sales volumes in India over the last year, Chinese firms have significantly increased their share of the market from 50% to 75%, according to the latest update from consultancy firm Bridge to India. Furthermore, eight of the top 10 module suppliers in India now come from China, as opposed to just four in the previous year, said the report . US firm First Solar and Indian company Waaree are the only non-Chinese suppliers still in the top ten. The top Chinese suppliers managed to keep their market share while new entrant Chinese firms including JA Solar, GCL Poly, Hanwha, BYD, Talesun and Risen took much of the market share away from other international and domestics suppliers. Bridge to India previously forecast that o...

Full article: http://www.pv-tech.org/news/chinese-module-suppliers-incr...

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